RWE Generation announced it will close a United Kingdom coal-fired power plant early next year.

Germany’s RWE will shut down the 1,560-MW Aberthaw B Power Station by March 31, 2020, according to the release. The company will begin consulting with staff and employee representatives immediately.

RWE CEO Roger Miesen said that market conditions for coal-fired power in the UK made the closing necessary.

 “This is a difficult time for everyone at Aberthaw Power Station,” Miesen said. “I would like to thank all of our staff, past and present, who have contributed to the success of the station for so many years. Over the coming months we will complete the consultation process.”

Aberthaw’s existing capacity market agreements for this fiscal year and next will be transferred to third parties. A small portion of those commitments will be carried by other units in RWE’s generation fleet.

Aberthaw B, located in Wales, began operations in 1971 and now employs around 170 people. One of the factors in RWE’s decision is the company goal of reducing its carbon emissions.